Jyothy Labs Limited has decided to pursue legal remedies against Henkel AG & Co. KGaA over the non-renewal of the licence agreements for the Pril and Fa brands. The board of directors approved the decision at a meeting held on June 15, 2026, and disclosed the development to the stock exchanges.
The dispute arises from Henkel's decision not to renew the License Agreements and Technology License Agreements for these brands. Jyothy Labs had first informed the exchanges on May 9, 2026, about Henkel's communication regarding the non-renewal.
Jyothy Labs evaluated all available options following discussions with Henkel on the exit and transition mechanism outlined in the agreements. The board concluded that pursuing legal remedies was necessary to assert contractual rights under the agreements.
The original agreements were executed on May 31, 2011, between Erstwhile Henkel India Limited, since amalgamated with Jyothy Labs, and Henkel AG & Co. KGaA. The agreements covered manufacturing, distribution, marketing and sale of products under the Pril and Fa brand names across India.
Pril is a dishwashing brand while Fa is a personal care brand, both licensed to Jyothy Labs under the long-term agreements. The non-renewal by Henkel marks a significant development in the business relationship between the two companies.
The announcement was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations. Jyothy Labs stated it will keep the stock exchanges informed of any further material developments concerning the legal proceedings.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.